X0508 4 2024-01-26 false 0001000623 Mativ Holdings, Inc. MATV 0001808077 Rickheim Michael W MATIV HOLDINGS, INC. 100 KIMBALL PLACE, STE 600 ALPHARETTA GA 30009 false true false false CHRO false Common Stock 2024-01-26 4 A false 1005.00 0.00 A 41679.00 D Common Stock 2024-01-26 4 F false 356.00 13.38 D 41323.00 D Common Stock 2024-02-02 4 A false 741.00 0.00 A 42064.00 D Common Stock 2024-02-02 4 F false 263.00 11.73 D 41801.00 D Common Stock 2024-02-02 4 A false 5179.00 0.00 A 46980.00 D Common Stock 2024-02-02 4 F false 1834.00 11.73 D 45146.00 D Common Stock 2024-02-16 4 M false 2274.00 0.00 A 47420.00 D Common Stock 2024-02-16 4 D false 2274.00 12.74 D 45146.00 D Common Stock 2025-01-06 4 M false 52340.00 0.00 A 97486.00 D Common Stock 2025-01-06 4 D false 52340.00 10.97 D 45146.00 D Common Stock 2025-01-26 4 A false 1006.00 0.00 A 46152.00 D Common Stock 2025-01-26 4 F false 303.00 9.70 D 45849.00 D Common Stock 2025-01-26 4 A false 7037.00 0.00 A 52886.00 D Common Stock 2025-01-26 4 F false 2096.00 9.70 D 50790.00 D Common Stock 2025-02-13 4 M false 5535.00 0.00 A 56325.00 D Common Stock 2025-02-13 4 F false 1642.00 8.79 D 54683.00 D Common Stock 2025-02-16 4 M false 2274.00 0.00 A 56957.00 D Common Stock 2025-02-16 4 F false 2274.00 9.10 D 54683.00 D Restricted Stock Units 2024-12-31 4 A false 52340.00 A Common Stock 52340.00 52340.00 D Restricted Stock Units 2025-01-06 4 M false 52340.00 D Common Stock 52340.00 0.00 D Restricted Stock Units 2024-04-26 4 A false 16605.00 A Common Stock 16605.00 16605.00 D Restricted Stock Units 2025-02-13 4 M false 5535.00 D Common Stock 5535.00 11070.00 D Restricted Stock Units 2025-02-16 4 A false 6822.00 A Common Stock 6822.00 6822.00 D Restricted Stock Units 2024-02-16 4 M false 2274.00 D Common Stock 2274.00 4548.00 D Restricted Stock Units 2025-02-16 4 M false 2274.00 D Common Stock 2274.00 2274.00 D On January 26, 2022, the reporting person was granted 3,016 restricted stock units ("RSUs") subject to time vesting. Such RSUs vest in three approximately equal annual installments beginning on January 26, 2023 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 1,005 RSUs vested on January 26, 2024 and 1,006 RSUs vested on January 26, 2025. The transaction reflects the vesting of 52,340 RSUs. On October 4, 2022, the reporting person was granted a target number of 34,893 RSUs subject to performance and time-based vesting. [On December 31, 2024, the [Compensation Committee] of the issuer determined that based on the issuer's fiscal year 2023 and 2024 performance, 150% of the target number of RSUs vested on performance-based vesting requirements. The RSUs had a vesting date of January 6, 2025, subject to continued service]. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. The transaction reflects the vesting of 1,006 RSUs granted on January 26, 2022. On January 26, 2022, the reporting person was granted 7,037 RSUs subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 7,037 RSUs vested on January 26, 2025. On April 26, 2024, the reporting person was granted 16,605 RSUs subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 5,535 RSUs vested on February 13, 2025. These RSUs were incorrectly reported in Table I instead of Table II on the reporting person's Form 4 filed on April 30, 2024. These RSUs were incorrectly reported in Table I instead of Table II on the reporting person's Form 4 filed on March 7, 2023. The reporting person's number of shares of common stock owned was previously overstated by 23,570 shares due to (i) a number of RSUs that should have been reported in Table II instead of Table I on the reporting person's Form 4 documents filed on March 7, 2023 and April 30, 2024, (ii) an administrative error in recording an acquisition of 5,458 shares of common stock of the issuer and a disposition of 2,351 shares of common stock of the issuer for tax withholding on the reporting person's Form 4 filed on April 12, 2023, (iii) a clerical error in recording an acquisition of 4,739 and 719 shares of common stock of the issuer, instead of 6,780 and 1,029 shares of common stock of the issuer, respectively, on the reporting person's Form 4 filed on April 12, 2023. Shares withheld to satisfy tax withholding obligation arising upon the vesting of RSUs. On February 2, 2021, the reporting person was granted 1,480 RSUs subject to time vesting. Such RSUs vest in two approximately equal annual installments beginning on February 2, 2023. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 741 RSUs vested on February 2, 2024. On February 2, 2021, the reporting person was granted 5,179 RSUs subject to time vesting. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 51,79 RSUs vested on February 2, 2024. On February 16, 2023, the reporting person was granted 6,822 RSUs subject to time vesting. Such RSUs vest in three equal annual installments beginning on February 16, 2024 and each anniversary thereafter. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. 2,274 RSUs vested on each of February 16, 2024 and 2025. The transaction reflects the re-reporting of the vesting of 2,274 RSUs previously reported on the reporting person's Form 4 filed February 20, 2024. The transaction reflects the cash settlement of 2,274 vested RSUs on each of February 16, 2024 and 2025 On October 4, 2022, the reporting person was granted a target number of 34,893 RSUs subject to performance and time-based vesting. On February 25, 2025, the Compensation Committee of the issuer determined that based on the issuer's performance between July 2022 and December 2024, 150% of the target number of RSUs vested on performance-based vesting requirements. Each RSU represents a right to receive one share of the common stock of the issuer and/or cash upon vesting. /s/ Honor Winks, attorney-in-fact for Michael W. Rickheim, principal 2025-03-14